2, ORCHARD WAY, CHILLINGTON, KINGSBRIDGE, TQ7 2LB - £480,000

2 ORCHARD WAY is a large detached house of 115m², built sometime between 1976 and 1982. It was last sold for £480,000 in June 2023, which was around 20% below the average June 2023 detached price in the South Hams local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was C.

2 ORCHARD WAY Sold Prices

Land registry data shows three sales for 2 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Two of the three 2 ORCHARD WAY sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 5 JUN	£480,000	£598,554	20% below HPI
2018 12 FEB	£310,000	£441,773	30% below HPI
2000 3 OCT	£195,000	£167,155	17% above HPI

2 ORCHARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The three 2 ORCHARD WAY sales between October 2000 and June 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 ORCHARD WAY?

2 ORCHARD WAY is 115m² according to the EPC inspection conducted in December 2022. This puts it in the largest 40% of detached houses in Chillington, based on EPC data. The below chart shows the distribution of detached houses by size in Chillington, and where 2 ORCHARD WAY lies on this distribution: 66% of detached houses are smaller than 2 ORCHARD WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Chillington.

2 ORCHARD WAY: Plot and Title Map

2 ORCHARD WAY sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 2 ORCHARD WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 ORCHARD WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 ORCHARD WAY?

2 ORCHARD WAY is located in CHILLINGTON, in the TQ7 postcode district. The below map shows the position of No. 2 on ORCHARD WAY.